SunCon Shares off Record High After Below-view 1Q Amid Analyst Downgrades

Sunway Construction Group Bhd (KL:SUNCON) retreated on Tuesday from its all-time high amid weaker-than-expected results and growing market concerns that its shares may have peaked after beating the consensus target price.

The Edge MarketsMay 21 03:44 ET

Sunway Construction's Profit, Revenue Rise in Q1

Sunway Construction Group (KLSE:SUNCON) said its profit attributable to owners rose to 32.4 million ringgit in the first quarter, from 27.8 million ringgit a year earlier. Earnings per share went up t

MT NewswiresMay 21 01:03 ET

EPCC Work yet to Start on Toyo's Song Hau Power Plant, Says SunCon

Engineering, procurement, commissioning and construction (EPCC) work has yet to begin on Toyo Ventures Holdings Bhd's (KL:TOYOVEN) thermal power plant project in Vietnam, said Sunway Construction Group Bhd (KL:SUNCON).

The Edge MarketsMay 20 10:23 ET

Sunway Construction Posts 16% Rise in 1Q Net Profit, Eyes More Advanced Jobs

Sunway Construction Group Bhd (KL:SUNCON), or SunCon, on Monday reported a 16.4% year-on-year (y-o-y) increase in net profit for the first quarter, thanks to higher billings in newer projects.

The Edge MarketsMay 20 07:59 ET

RM180 Bil Available for Construction Sector Jobs This Year — Ahmad Maslan

A total allocation of RM180 billion in the construction sector for government and private sector projects will be up for grabs this year.

The Edge MarketsMay 9 05:13 ET

Here Is Why Analysts Remain Bullish on the Construction Sector

The construction sector has exhibited outstanding performance at the outset of this year. This sector has seen a surge of up to 25% this year, outperforming KLCI 6% year to date.

Moomoo News MYApr 18 05:56 ET